(Sumichem) Sumichem complete technical analysis [charts+indicators] | Buy/Sell Sumichem | (Sumichem) share price targets
Complete technical analysis of Sumichem (Sumichem) by charts plus indicators, forecast predictions and share price targets for Sumichem (Sumichem)
10 day averaged volume of Sumichem is 35221
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 438.25 | 448.00 | 450.00 | 435.30 | 1.053 times |
| 20 Fri May 2022 | 441.75 | 444.00 | 448.00 | 438.35 | 0.799 times |
| 19 Thu May 2022 | 437.30 | 438.90 | 440.00 | 433.15 | 0.341 times |
| 18 Wed May 2022 | 441.25 | 457.00 | 458.65 | 439.50 | 0.888 times |
| 17 Tue May 2022 | 448.55 | 425.00 | 451.20 | 421.80 | 1.299 times |
| 16 Mon May 2022 | 423.15 | 413.90 | 425.75 | 410.90 | 0.668 times |
| 13 Fri May 2022 | 415.00 | 419.90 | 425.90 | 411.70 | 0.47 times |
| 12 Thu May 2022 | 411.85 | 405.00 | 419.35 | 402.35 | 1.137 times |
| 11 Wed May 2022 | 412.10 | 419.00 | 422.95 | 395.65 | 2.272 times |
| 10 Tue May 2022 | 420.65 | 421.00 | 437.35 | 410.00 | 0.601 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 442 as stoploss in an intra day sell trade for a target of 430.99. However, stock will show a bullish move above 442.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 341.20 |
| Downside Target | 355.00 |
| Downside Target | 365.75 |
| Downside Target | 395.65 |
| Downside Target | 405.20 |
| Downside Target | 421.80 |
| Downside Target | 435.30 |
| Upside Target | 450.00 |
| Upside Target | 452.80 |
| Upside Target | 456.00 |
| Upside Target | 458.65 |
| Upside Target | 476.70 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 432.37 |
| Downside Intraday Target | 426.48 |
| Upside Intraday Target | 447.07 |
| Upside Intraday Target | 455.88 |
| Upside Intraday Target | 441.18 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 438.25 | 448.00 | 450.00 | 435.30 | 0.264 times |
| 20 Fri May 2022 | 441.75 | 413.90 | 458.65 | 410.90 | 0.665 times |
| 13 Fri May 2022 | 415.00 | 426.55 | 442.10 | 395.65 | 0.474 times |
| 06 Fri May 2022 | 439.85 | 430.00 | 476.70 | 422.85 | 4.334 times |
| 29 Fri Apr 2022 | 429.05 | 421.85 | 437.15 | 421.80 | 0.917 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Sumichem (Sumichem)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 438.25 | 430.00 | 476.70 | 395.65 | 1.713 times |
| 29 Fri Apr 2022 | 429.05 | 451.00 | 456.00 | 405.20 | 0.801 times |
| 31 Thu Mar 2022 | 449.55 | 380.00 | 452.80 | 355.00 | 0.953 times |
| 28 Mon Feb 2022 | 377.00 | 391.15 | 424.50 | 341.20 | 0.975 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Sumichem (Sumichem)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 28, 17, 23 | Buy |
| MACD | 10, 9 | Buy |
| Stochastics | 69 | None |
| CCI | 65 | Sell |
| RSI | 58 | Buy |
| OBV | 61861 | Sell |
| VWAP | 427 | Buy |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Sumichem ( (Sumichem) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Sumichem ( (Sumichem) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Sumichem stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sumichem in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sumichem Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sumichem in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Sumichem is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 427.49 and Sumichem (Sumichem) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Sumichem (Sumichem) stock. Volume based technical analysis of Sumichem (Sumichem) stock is negative.
Sumichem Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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